CEO Of Public Company Grabs His Crotch, Gives The Middle Finger While Exiting Private Jet

Robert Sillerman is the 64-year-old CEO of SFX
Entertainment, the newly public company that produces popular
electronic dance music [EDM] festivals
like Tomorrowland, Rock in Rio, and Electric
Zoo.

But Sillerman acted anything but professional Tuesday when
he landed in Miami for the Ultra Music Festival by flipping the bird and
grabbing his crotch as he descended from a private jet. (Via
Buzzfeed)

While some EDM fans thought it was funny, no one was laughing
during SFX's earnings call on Thursday.

Doug Mitchelson, an analyst at Deutsche Bank, asked Sillerman on the call: “And lastly,
Bob, I’m not even sort of sure how to ask this question … we
understand that you’re something of a non-traditional CEO, but
any comment you want to make on the gestures you were making? Was
that to a specific person or to everybody as you came out of the
plane yesterday? We’re just trying to make sure that you’re still
sane.”

“Um, well — thank you for referring to me as a
non-traditional CEO," Sillerman began, explaining: "That was a
result of an internal, the culmination of an internal
conversation and joke within the company, and while I certainly
wasn’t crazy about the fact that it was tweeted out, it’s had a
very interesting reaction from the uh, music community down here,
(which) has fundamentally said, 'F--- yeah, we get it.'”

He continued: “But no, I was not trying to imitate Michael
Jackson or Stephen Colbert talking to somebody about how much
better the hot dogs were in New York. That was an internal thing.
It’s fairly indicative, I think, of the way internally that we
enjoy ourselves, and we’re willing to push the envelope, I guess
is the best way to say it.”

It was at this point that SFX's shares started to fall,
decreasing up to 20% to $5.70. They rose again by Thursday
afternoon by 11% to $6.81, reports Billboard.

For the record, Sillerman doesn't usually look quite as
ridiculous while working his day job.